$SIREN $SIREN Many people subjectively believe that the downside potential below 0.05 is limited, but on-chain data can directly disprove this judgment. The controlling entity initially held 94% of the circulating tokens, and although they have sold 680 million tokens for cashing out, they still hold a large amount of chips split into hundreds of small addresses, with no loss of spot pricing power. The all-time low spot price was 0.026086, and the current price of 0.05 has a 48% downside potential from the historical low, with nearly 50% unrealized static loss just in the spot. Coupled with long-term negative funding rates on derivatives, longs pay interest every 8 hours, and holding positions for a week results in over 15% interest loss. The comprehensive loss for going long at 0.05 can easily exceed 60%, making quick short-term liquidation impossible.